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HomeMy WebLinkAboutCity Council Resolution 1986-675CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was held on the 6th day of October , 1986. The following members were present: The air s were absent: Ceuneilmemher Crain introduced the following Resolution and moved its adoption: RESOLUTION N0. 86- 675 REDUCING DEVELOPKENT BOND THE BROCKPAHLER ADDITION (80046) WHEREAS, in accordance with the development contract dated February 22, 1982, David W. Brockpahler and Carla M. Brockpahler developer of The Brockpahler Addition (80046) has ag d to install certain improvements for said development; and WHEREAS, the developer has completed a portion of :he street, utility and site grading as noted below; and WHEREAS, the developer has requested a reduction of the development bond to reflect the completed work; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH that the bonding requirements are reduced as follows: ITEM Street Construction Sanitary Sewer Watermain Storm Sewer Boulevard and Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Park and Trail Improvements Site Grading Maintenance of Erosion and ORIGINAL AMOUNT NEW AMOUNT $ -0- -0- -0- -0- 3,000 -0- 150 1,000 -0- 4,000 Sediment Control Plan 1,000 Design, Administration, Inspection, As-Builts 1,098 TOTAL $ -0- -0- -0- -0- 400 -0- -0- 1,000 -0- -0- 1,000 100 $ 10,248 $ 2,500 That the letter of credit required be reduced from $10,248 to $2,500 to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Zitur , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Crain. Vasiliou, and Zitur The following voted against or abstained: none Whereupon the Resolution was declared duly passed and adopted.